I believe ETH is likely to decline further to around 3288 to seek support. Currently, ETH faces strong resistance at the 3400 level, with two attempts to break through unsuccessful, indicating significant selling pressure above. Additionally, a bearish divergence has appeared on the 4-hour chart, along with a KDJ death cross signal, suggesting that upward momentum is continuously converging. Considering the recent high-level consolidation and profit-taking trend, market sentiment is becoming more cautious. The probability of a pullback to test the key support level at 3288 is relatively high, which also aligns with short-term EMA support lines, indicating a strong expectation of support.